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Portable Music Industry Trends, Market Research Reports & Statistics

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Topics under Portable Music

Global Portable Music Industry Trends

Users of digital music can take advantage of several digital channels to access music, including downloading online or though mobile devices and subscribing to online download portals. Subscriptions to online and mobile music channels will represent the fastest growth in the worldwide digital music market, with online subscription users outpacing growth in the larger mobile channel segment. 

One major obstacle to market growth in the digital music industry, part of the portable device industry, is piracy. To tackle the problem, various industry players will need to pool their efforts, with advertisers, search engines, mobile service providers and internet service providers all working together to limit revenue loss caused by piracy.

Digital Music Key Segments

Mobile platform music and digital distribution has grown for mobile handsets, reports Visiongain. Mobile music has seen its consumer base expand, fuelled by digital distribution through iTunes, to reach a growing number of iPhone owners and mobile handsets.

Mobile phones and the mobile web continue to drive digital distribution of mobile content, catering to specific demand of various consumer groups. The mobile phone is likely to replace the MP3 player in terms of mobile music due to wireless headphone development and handsets offering MP3 functionality for the most part.

MP3 players are witnessing a decline worldwide as mobile phones encroach on their market, offering superior services such as FM radio, extra memory for song storage and radio recorders, reports Euromonitor International.

The world flash memory card market growth will be fuelled by growing demand for smartphone storage devices, which are equipped to take photographs, and play videos and music. Portable devices with large in-built memory may represent an obstacle to market growth in this segment.

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Search in Portable Music Industry (34 reports)
Parent industry: Portable Devices
Related industries: Navigation Systems

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